Essayer OR - Gratuit
Sebi enables AMCs to tap foreign funds
Financial Express Chandigarh
|July 14, 2025
THE SECURITIES AND Exchange Board of India's (Sebi) proposal to remove restrictions on mutual fund business expansion under Regulation 24, implemented in 2011, is being seen as a positive development by the industry.
THE SECURITIES AND Exchange Board of India's (Sebi) proposal to remove restrictions on mutual fund business expansion under Regulation 24, implemented in 2011, is being seen as a positive development by the industry. Industry participants believe the move will, over time, help attract greater foreign capital.
Swarup Anand Mohanty, vice-chairman & CEO, Mirae Asset Investment Managers (India), said: "Sebi's proposal to relax Regulation 24(b) is a positive development that can enhance India's competitiveness as an investment destination. By allowing AMCs to offer advisory and portfolio management services to non-broad-based pooled vehicles without a separate PMS license, it enables greater operational efficiency and expands the scope for engaging with global investors such as family offices, offshore funds, and institutional mandates. This could meaningfully support the flow of foreign capital into India over time."
Cette histoire est tirée de l'édition July 14, 2025 de Financial Express Chandigarh.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Chandigarh
Financial Express Chandigarh
Aus, India to join G7 meet on critical minerals
US TREASURY SECRETARY Scott Bessent said Australia, India, and several other countries would join a meeting of finance ministers from the Group of Seven (G7) advanced economies that he is hosting in Washington on Monday to discuss critical minerals.
1 min
January 11, 2026
Financial Express Chandigarh
Demand for luxury second homes on the rise
Shift led by higher incomes, focus on wellness
1 min
January 11, 2026
Financial Express Chandigarh
Budget likely to focus on debt goals & fiscal deficit
More investment, efficiency for high growth: EAC head 'Strong turnaround for banking'
1 min
January 11, 2026
Financial Express Chandigarh
A pinch too much!
The average Indian consumes twice the amount of salt they should - the damage remains invisible until it's too late
4 mins
January 11, 2026
Financial Express Chandigarh
Moroccan cave fossils yield a missing link in human origins
The new finding has a potential to revise theories on early human evolution
4 mins
January 11, 2026
Financial Express Chandigarh
Sebi nod to NSE IPO by month-end
THE SECURITIES AND Exchange Board of India (Sebi) is likely to issue by the end of this month a no-objection certificate (NoC) for the National Stock Exchange's (NSE) proposed public issue, bringing the much-anticipated IPO closer to reality.
1 min
January 11, 2026
Financial Express Chandigarh
ICICI Lombard staff leaks draft financials on WhatsApp
ICICI LOMBARD GENERAL Insurance on Saturday said a designated person of the company had \"inadvertently\" uploaded certain information related to its third-quarter financial statements on his personal WhatsApp status, before deleting it.
1 min
January 11, 2026
Financial Express Chandigarh
DIY URBANISM
How residents are cleaning, greening and reclaiming their cities, one filthy river, dumping ground, or neglected corner at a time
3 mins
January 11, 2026
Financial Express Chandigarh
Tracing the stars with songlines
A pulsing and spatial Australian ethnic narrative arrives in the national capital
3 mins
January 11, 2026
Financial Express Chandigarh
Greenland’s party leaders dismiss US control proposal
GREENLAND'S PARTY LEADERS have rejected President Donald Trump’s repeated calls for the US to take control of the island, saying that Greenland’s future must be decided by its people.
1 min
January 11, 2026
Listen
Translate
Change font size